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Panasian Power PLC Commissions Solar Project Worth 420Mn
March, 1, 2021
Panasian Power PLC (PAP), a dynamic Sri Lankan renewable energy solutions organisation and a leading supplier of renewable energy to the national grid recently commissioned a 3 MW ground solar plant in Matara, worth a total investment of LKR 420 million.
Panasian Power is the equity investor and led all aspects of the construction including in-house engineering, design, site acquisition, acquiring permissions, simulation and procurement. Panasian Power also took the lead in securing power purchase agreements (PPA) for the project.
PAP used the latest Trina bifacial solar panels, alongside the premier most bankable inverter, Sungrow, for which they are the exclusive channel partners in Sri Lanka. Further, the balance of system used state-of-the-art aluminium structures to ensure the longevity of the project with screw piles reducing construction time.